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Financial Services Law Insights and Observations

Florida Attorney General Settles Suit Against Mortgage Foreclosure Rescue Services Company

State Issues

On February 9, Florida Attorney General Bill McCollum reached a settlement with a Florida mortgage foreclosure rescue services company that allegedly collected advance fees for its services, in violation of Florida law. Among other things, the settlement (i) orders the payment of $10,000 to the Attorney General’s “Seniors vs. Crime” program, and (ii) requires the company to refund certain consumers.

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